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Financing

10 restaurant chains that closed the most locations last year

 By Jonathan Maze on May 06, 2024

Restaurant chains navigated a difficult market in 2023 due to inflation. Here are the brands that closed the most locations as a percentage of their unit count last year.

Food

LTOs at Cinnabon, &pizza and Ruby Slipper explode with flavor

 By Patricia Cobe on May 06, 2024

Taste Tracker: Moms are in the spotlight at Maggiano’s, Polly’s Pies and Firebirds; Culver’s, Sonic and IHOP get fruity; Wayback and Togo’s enhance and revamp; and more menu news of the week.

Financing

Howard Schultz has some thoughts on Starbucks' big earnings miss

By Jonathan Maze on May 06, 2024

The former CEO of the coffee shop giant, who handpicked the current chief executive, said the company’s problems “begin at home.” And he urged the chain to overhaul its mobile ordering platform.

Operations

Convenience stores are ready to take a Big Gulp of the beverage market

By Heather Lalley on May 06, 2024

Retail Watch: Instead of fretting about CosMc’s, pay attention to how c-stores are stepping up their drink offerings.

Leadership

Former Wendy's CMO Carl Loredo named Pizza Hut U.S. president

By Jonathan Maze on May 06, 2024

The marketing executive will take over the struggling pizza chain in early June, following the departure of David Graves.

Technology

DoorDash says it's getting more affordable

By Joe Guszkowski on May 06, 2024

The third-party delivery company has reduced customer fees by 12% over the past two years. But delivery still remains far more expensive than carryout.

Marketing

Amid the Zoodles and low-carb linguine, Noodles & Company finds what people want is steak

By Lisa Jennings on May 06, 2024

The fast-casual chain has run out of Steak Stroganoff after selling 110,000 bowls in the first two weeks. But don't worry, the LTO is coming back.

Marketing

IHOP's latest menu launch ties into new movie 'IF'

By Patricia Cobe on May 06, 2024

The chain's culinary team brings the film’s animated magical characters to life in eight food and drink items.

Operations

Burgerville takes on new investors with an eye on reigniting regional growth

By Lisa Jennings on May 05, 2024

Former Dutch Bros CEO Joth Ricci is among the investors in Burgerville and he joins the company as executive chair. CEO Ed Casey will remain at the helm.

Operations

Texas Roadhouse continues its hot streak

By Joe Guszkowski on May 03, 2024

The chain reported another quarter of impressive sales and traffic growth, and its margins increased, too.

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